Qualcomm Inc. (#QCOM) Stock Price, Live Chart & Analysis | Trade #QCOM

Interesting facts about the #QCOM (Qualcomm Inc.)

When working with Qualcomm Inc. stocks, traders must carefully study all the factors that directly or indirectly affect the #QCOM rate. First of all, the company's financial statements. In 2021, Qualcomm Inc.'s revenue was $33.57 billion, and in 2022 grew to $44.2 billion. Net profit also increased from $9.04 to $12.94 billion. At first glance, the company has good prospects. However, experts urge traders to take the figures with caution and consider the level of consumer demand and the state of the industry as a whole.

In addition, it is important to monitor the performance of competitors. One of them is MediaTek, which also specializes in SoC (system on a chip) production for smartphones. If consumers prefer their products, Qualcomm Inc.'s share on the market will decrease significantly, negatively affecting the #QCOM rate.

To successfully trade CFDs on #QCOM, traders need to read the news daily. The slightest newsbreak can significantly affect quotes. First, pay attention to statements about new partners and customers, recent developments, and competitors' activities. These three indicators will help determine whether Qualcomm Inc. products are in demand.

Also, pay close attention to the lawsuits the company is involved in. In addition to reputational risks, they bring significant losses, such as fines and legal costs. Qualcomm has been repeatedly fined for violating antitrust laws. In 2016, the company paid $853 million in South Korea and $975 million in China. The Antimonopoly Committee revealed that Qualcomm Inc. abused its leading position and forced customers to sign patent licensing agreements for chips, despite not owning them directly. This was a signal for investors that the value of the stocks would decline and they would lose profits. For traders, on the contrary, it is an opportunity to make money on the difference in the exchange rate.